The Plan: A New 22-Story Mixed-Use Tower Joins a Historic Bank in Williamsburg
Month: May 2017
CMBS Losses in Energy-Dependent Areas Persist, Despite Oil Price Hikes
Reinsurance Firm Grows NYC Presence With 19K-SF Lease at 437 Madison Avenue
Bertwood Realty Closes Shop in NYC, Owner Moves Back to Native France
UES Office Building Sells for $17M Amid Bankruptcy and Legal Battle
Insurance Giant AIG Subleases 12K SF to Personal Injury Law Firm
Cornell University’s Investment Office Moving Downstate to 1155 Ave. of the Americas
Capital One Expanding to 130K SF at Flatiron District Office Building
BlackRock to Pay Related and Oxford $1.25B in Move to Hudson Yards
Shared Space Provider The Yard Nabs $15M in Funding From IDB Bank
ICSC ‘17: Jamestown Using Tech to Show Retailers Value of Brick-and-Mortar [Updated]
Andrew Cuomo Announces Panel to Revamp Penn Station, Prize to Fix the Subway
Getting Into the Weeds With Scott Greiper of Viridian Capital Advisors, Pot Financier
How Retailers Like Gracious Home Are Rebuilding After Chapter 11
City Human Resources Administration Leases 200K SF at 375 Pearl Street
ICSC ’17: Danny Meyer-Backed Tender Greens Finds First NYC Digs in Flatiron District
The Plan: Inside the Offices of LinkNYC’s Creators at 10 Hudson Yards
Four Pieces of Advice for Landlords in Denial About the State of Retail
Shavuot Could Prevent Orthodox Jews From Attending ICSC 2018
ICSC ’17: Newmark Grubb Knight Frank Is Dropping the Grubb and Rebranding
Madison International Realty’s Ron Dickerman Talks Retail, Why Brexit Wasn’t So Bad
Christopher DeCrosta Sees Apple, Tesla and J. Crew as Just the Beginning for Brooklyn
After Chewing Up Retail, Amazon Spits Out Its Own Plans for Brick-and-Mortar
ICSCS ’17: Healthy Food Purveyor Dr Smood Rolling Out Series of Manhattan Eateries
Fortis, David Werner Lock In $100M in Mezzanine Debt from Korean Investor
Pol With Power Over NYC Zoning Has Undeclared Political Committee Full of Real Estate Cash
New Restaurant and Orangetheory Fitness Opening at 45 West 45th Street
Chatting it Up With Mandarin of Cities Rem Koolhaas—Just Don’t Call Him a Starchitect
Suburban Chicago Office in Foreclosure–Delinquent CMBS Loan Is Twice Appraised Value
Surdna Private Family Foundation Relocating Within Midtown South
Software Provider Remedy Partners Takes 28,640 SF at 5 Penn Plaza
The Plan: After Losing U.S. Bank, SL Green Is Renovating 461 Fifth Avenue
The Playmaker: Savills Studley’s David Carlos Is the Go-To Guy for NYC’s Nonprofits
Inside New York and New Jersey’s Industrial Boom, Fueled by the Death of Retail
Climbing Gym Signs Deal for Brooklyn Warehouse in Greenpoint [Updated]
Dietary Supplements Developer Moving Within Soho to Savanna Building
Rescore Secures $100M Construction Loan for L.A. Multifamily Project The Rise
$265M Loan on Stamford, Conn. Office Property Hits Special Servicing
Principal Real Estate Investors Provides $65M Refi for UES Multifamily Property
Financial Tech Company Signs 11K-SF Sublease to Move Within Flatiron District
Alan Washington Leaves Downtown Brooklyn Partnership for Charter Schools Network
SL Green Nabs $250M Debt on Sitt Asset Management’s Troubled 2 Herald Sq. [Updated]
Law Firm Takes Piece of Aon’s Offices in Financial District [Updated]
California-Based Law Firm Remains in 18K SF at 1211 Avenue of the Americas
Acadia Hires Ralph Lauren’s Most Senior Real Estate Executive
Ullico’s Downs and Kolben Talk Construction Loans and the Importance of Character
Residential Building Permits Hit 10-Year High in First Quarter of 2017
The Plan: Online Custom Shirt Retailer Dresses Up Offices With a Showroom
José Andrés-Helmed, 35K-SF Food Hall to Open at 10 Hudson Yards
Italian Apparel Maker Moving Offices Out of Crown Building, As Retail Moves In
ODA’s Eran Chen on Eliot Spitzer, Gentrification and Those Crazy “Floating Gardens”
Trump Soho Goes To Pot: Cannabis Conference on Spring Street
Chase Sells Washington Heights Property to Crown Acquisitions for $12.5M
New York Equity Group Closes $25M Real Estate Fund [Updated]
Walker & Dunlop Provides $190M Refi for Multifamily Portfolio
Brooklyn Landlord Convicted of Bribing DOB Inspector Gets Up to Six Years in Prison
Chicago-Based Online Gift Card Marketplace Opening Chelsea Offices
National Bank of Pakistan Renews 11K-SF Lease at 100 Wall Street
Engineering Consultant, Forensic Accounting Firm Ink Deals at 17 State Street
St. John’s Terminal Scores $300M to Refinance, Buy Air Rights
Contractors, Officials Debate Apprenticeship Programs at CO Safety Conference [Updated]
Italian Artisan Bakery Backed by Starbucks Coming to 1633 Bway
Google Expands by 60K SF at Vornado, Related’s 85 10th Ave in Chelsea
Square Mile Provided First Mortgage in Refinance of Lightstone’s Gowanus Rental
The Plan: Park Tower Group Adding a Luxury Gym in Lower-Level Space at 535 Madison Avenue
When Your Game Needs a Boost, Call the Commercial Real Estate Coach, Rod Santomassimo
Kimco Leases Up More Than 175K SF of Retail at The Boulevard in SI
Goldman, Deutsche Bank and Morgan Stanley Lend $760M on Olympic Tower
Home Improvement Matchmaker Nails Down Space on West 34th Street
On-Demand Meeting Space Provider Breather Inhaling New NYC Spaces
Korean Funds Are Rabid To Invest In Mezz Debt on U.S. Real Estate
NYC Policymakers and Advocates Review Construction Safety Requirements
Michael Stoler: Part Credit Committee, Part Reporter, Part Yiddish-Inflected Teacher
Milk, Honey, Bonds: Despite Market Troubles, Retail Landlords Are Raising Money in Israel
Reform Is Finally on the Horizon for Scandal-Ridden EB-5 Visa Program
The Future of Retail: Yaromir Steiner Talks Experiential Environments and the New ‘Downtowns’
Ohio-Based Japanese Restaurant Landing in NYC, With Empire Outlets Outpost
Madison Marquette Signs America Works, Renews Lightbox-NY at Bronx’s BankNote Building
Brooklyn Grocery Store Lands a Spot at Halletts Point in Astoria
Target Plans Small-Format Outposts on LES and in Jackson Heights, Queens
Barry’s Bootcamp Muscles Into West 69th Street Digs for First UWS Outpost
Fashion PR Firm Inks 15,000-SF Deal for Top Floor of DHL Building
Network Service and Small Biz Lender Among Slew of Tenants Signing at Tower 45
Wells Fargo Provides $188M Refi for Chelsea Affordable Housing Complex